DAQO New Energy reported a narrower Q2 loss after resuming normal polysilicon sales in June, but pricing remains below production costs. The backdrop is weak solar demand and elevated industry inventories, which continue to pressure gross margins despite the improved sales cadence.
DAQO New Energy reported a narrower Q2 loss after resuming normal polysilicon sales in June, but pricing remains below production costs. The backdrop is weak solar demand and elevated industry inventories, which continue to pressure gross margins despite the improved sales cadence.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
Ticker Sentiment
